Which of the Following Best Explains Why Mill Thinks That

question 711

Multiple Choice

Which of the following best explains why Mill thinks that the Greatest Happiness Principle is the "foundation of morals"?

• A) Because he thinks that justice requires everyone to pursue the greatest happiness of the greatest number.
• B) Because he thinks that humans are capable of pleasures of a higher quality than animals are.
• C) Because he thinks that aiming at the general happiness is the most virtuous motivation a human can have.
• D) Because he thinks that pleasure and freedom from pain are the only thing desirable as ends.

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Definitions:

Capital Budgeting

The process of planning and managing a company’s long-term investments in projects or assets.

Technical Inputs

Elements related to the technological aspects of a project or system, including machinery, design parameters, and software requirements that contribute to its overall functionality and efficiency.

Time Value

The idea that money currently in hand is more valuable than an identical sum received later, because of its ability to earn more over time.

Relevant Cash Flow

Cash flows that will occur as a direct result of a decision made by a business, essential in capital budgeting and investment analysis.